Wells Fargo & Company MN Trims Stake in European Equity Fund Inc (NYSE:EEA)

Wells Fargo & Company MN lowered its holdings in European Equity Fund Inc (NYSE:EEA) by 2.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 519,411 shares of the financial services provider’s stock after selling 12,852 shares during the quarter. Wells Fargo & Company MN owned approximately 6.43% of European Equity Fund worth $5,027,000 at the end of the most recent quarter.

Separately, Sii Investments Inc. WI increased its holdings in shares of European Equity Fund by 15.9% in the 2nd quarter. Sii Investments Inc. WI now owns 242,676 shares of the financial services provider’s stock worth $2,210,000 after purchasing an additional 33,258 shares in the last quarter. Institutional investors own 39.78% of the company’s stock.

European Equity Fund Inc (NYSE EEA) opened at $10.52 on Friday. European Equity Fund Inc has a 52 week low of $7.77 and a 52 week high of $10.56.

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Friday, January 26th. Stockholders of record on Friday, December 29th will be given a $0.035 dividend. The ex-dividend date of this dividend is Thursday, December 28th.

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European Equity Fund Profile

The European Equity Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s objective is to seek long-term capital appreciation primarily through investment in European equities. It primarily focuses its investments in equity securities of issuers domiciled in countries that are members of the European Union, thereby increasing its vulnerability to developments in that region.

Institutional Ownership by Quarter for European Equity Fund (NYSE:EEA)

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